Monday, February 28, 2011

CENTRAL BUDGET UPDATES

  • CUT CUSTOM DUTE ON PETCOKE,GYPSUM TO 2.5%
  • NO CHANGE IN EXCISE DUTY & SERVICE TAX RATES
  • SURCHARGE REDUCED TO 5% FROM 7.5%
  • MAT INCREASED TO 18.5% FROM 18%
  • SHIP OWNERS CAN IMPORT PARTS DUTY FREE
  • TEXTILE,YARN,TEXTILE COMPANIES GET DUTY CUTS & BENEFITS
  • NO EXCISE DUTE ON EQUIPMENTS OF UMPPs.
  • EXPORTS UP 9.4% IN 2010-11
  • 20% ADVELOREM DUTY ON EXPORT OF IRON ORE.
MORE TO COME......

Paras K.Ghelani(PG),
Research Analyst,Stock Market Consultant & Adviser,
Jamnagar,Gujarat.
090990 10827.